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Ensuring Better Interest Treatment and Deductibility Act (EBITDA)
4/9/2026, 4:38 PM
Summary of Bill S 4221
The bill titled "A bill to amend the Internal Revenue Code of 1986 to repeal the modification of the definition of adjusted taxable income for purposes of the limitation on business interest" was introduced in the 119th Congress as S. 4221 on March 26, 2026.
Read the Full Bill
Current Status of Bill S 4221
Bill S 4221 is currently in the status of Bill Introduced since March 26, 2026. Bill S 4221 was introduced during Congress 119 and was introduced to the Senate on March 26, 2026. Bill S 4221's most recent activity was Read twice and referred to the Committee on Finance. as of March 26, 2026
Bipartisan Support of Bill S 4221
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4221
Primary Policy Focus
Alternate Title(s) of Bill S 4221
Ensuring Better Interest Treatment and Deductibility Act (EBITDA)
Ensuring Better Interest Treatment and Deductibility Act (EBITDA)
A bill to amend the Internal Revenue Code of 1986 to repeal the modification of the definition of adjusted taxable income for purposes of the limitation on business interest.
Comments
Sponsors and Cosponsors of S 4221
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